Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
13-June-2017 11:11 IST
Global Crude oil price of Indian Basket was US$ 47.23 per bbl on 12.06.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 47.23 per barrel (bbl) on 12.06.2017. This was higher than the price of US$ 46.69 per bbl on previous publishing day of 09.06.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3038.56 per bbl on 12.06.2017 as compared to Rs. 3000.47 per bbl on 09.06.2017. Rupee closed weaker at Rs. 64.34 per US$ on 12.06.2017 as compared to Rs. 64.26 per US$ on 09.06.2017. The table below gives details in this regard:




Price on June 12, 2017 Previous trading day i.e. 09.06.2017)                              

Pricing Fortnight for 01.06.2017

(May 12, 2017 to May 29, 2017)

Crude Oil (Indian Basket)


             47.23                (46.69)   



            3038.56           (3000.47)


Exchange Rate


             64.34                (64.26)



RG/SA Daily Crude Oil Price